Is Seekonk, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Seekonk has remained a Seller's Market.
Key Takeaway
Seekonk is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seekonk, MA
How much do homes in Seekonk, MA cost?
Median Sold Price
$517,500
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Seekonk have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Seekonk was $517,500 in April 2024, up 4.8% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $272.5K | N/A |
| 2 Bedrooms | $370K | $405K | +9.5% |
| 3 Bedrooms | $455K | $529.9K | +16.5% |
| 4 Bedrooms | $630K | $625K | -0.8% |
| 5+ Bedrooms | $737.5K | $1.2M | +67.8% |
Summary: Seekonk housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 16.5%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 67.8%.
Median Sold Price Compared To Nearby Cities
| East Providence | $380K | $409.3K | +7.7% |
| Pawtucket | $356.4K | $380K | +6.6% |
| Riverside | $375K | $395.4K | +5.5% |
| Seekonk | $494K | $517.5K | +4.8% |
| Rumford | $433.5K | $447K | +3.1% |
Housing Supply in Seekonk, MA
How many homes are available in Seekonk, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 | 41 | +2.5% |
Summary: The Seekonk real estate market had 41 homes for sale in April 2024, a 2.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 27 | 24 | -11.1% |
| 4 Bedrooms | 9 | 14 | +55.6% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Seekonk housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seekonk, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Seekonk in April 2024, up by 12.5% month-over-month. Of the 9 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% were sold over asking.
Days on Market for Seekonk, MA
How long does it take to sell a home in Seekonk, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 41 Days | 38 Days | -6.2% |
Summary: Homes in Seekonk had an average of 38 days on market in Apr 2024, down by 6.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Seekonk are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Seekonk; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
